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It's not going to work much longer. We've already seen the Fed make moves that are significantly beyond what it did in 2008, and since 2008 firms have been awa
by resters 7y ago
It's not going to work much longer. We've already seen the Fed make moves that are significantly beyond what it did in 2008, and since 2008 firms have been aware this would happen and have been less risk-averse as a result.
Creative destruction is nearly absent as an engine for growth in the US economy, and we are all suffering from the lack of innovation that would otherwise occur.